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Madhya Pradesh to constitute Clean Development Mechanism Agency

Thursday, August 19, 2010 11:05:23 AM, Pervez Bari, ummid.com

Bhopal: A Madhya Pradesh Clean Development Mechanism, (CDM), Agency will be constituted in the state. This was decided at a cabinet meeting chaired by state Chief Minister Shivraj Singh Chouhan here on Wednesday.


This Agency will be registered under Madhya Pradesh Society Registration Act 1973. The cabinet has also endorsed the Memorandum of Association for the constitution of the agency.


This Agency will give advice to the state government on the issues related to self-financed development and clean development mechanism.

 

The Agency will explore the possibilities of adopting CDM for promoting such self-financed development which should be balanced from the point of view of environment.

 

It will also evolve projects in this connection and provide cooperation to the institutions and individuals working in the direction of decreasing green house gases' generation.


Housing and Environment Minister (excluding Housing) will chair this committee while the EPCO Executive Director will be its CEO till the state government appoints another officer to this post.

 

A Project Development Fund will be established for conducting the Agency's functioning.


The cabinet has sanctioned Rs. 101 lakh from CDM fund to the budget of EPCO for the current fiscal for starting the work of the Agency.

(pervezbari@eth.net)
 

 

 

 

 

 

 

 

 

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